According to @ai_9684xtpa, Trend Research resumed ETH accumulation on Nov 2 after October profit-taking, withdrawing a total of 715,526 ETH (~$2.36B) from exchanges. According to @ai_9684xtpa, 70,000 ETH was deposited to Binance on Nov 15–16, leaving 645,526 ETH (~$2.13B) and ranking the entity as Ethereum’s third-largest holder behind Bitmine and SharpLink. According to @ai_9684xtpa, if the pledged plan to buy another $1B proceeds, holdings could approach 1,000,000 ETH and potentially surpass SharpLink for the No. 2 spot.

According to Trend Research (@Trend_Research_), the institution has disclosed a significant long position in Ethereum (ETH), currently holding 142,137 ETH valued at $374 million, with total profits of approximately $66.08 million, including $42.35 million in unrealized gains. Since December 20, 2024, Trend Research accumulated 181,662 ETH at an average price of $2,340, sourcing from Binance, OKX, and on-chain purchases, representing a total investment of $425 million. This transparent accumulation and substantial floating profit indicate robust institutional confidence in ETH’s price trajectory, which could drive further capital inflows and reinforce bullish momentum in the broader crypto market (source: Ai 姨 @ai_9684xtpa on Twitter, May 28, 2025).